Italy real estate market — prices, rental yield and trend
- Average price: $6,411 / m²
- Gross rental yield: 7.23%
- 12-month price change (USD): 2.3%
- Transaction cost: 14%
- Price basis: local-market average
Residential property in Italy averages $6,411 per square metre. In dollar terms the market has barely moved over the last twelve months (+2.3%). That makes it the 15th most expensive of the 70 markets in the set.
What a buyer pays in Italy
The $6,411 figure is a local-market average across all residential property types: it describes the capital's market, not the country as a whole — most of the country trades well below it. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 14% of the price here. On a 100 m² apartment at the average price that is roughly $89,754 on top of the $641,100 purchase price. That is above the 9.5% median across the set — the entry cost is part of the investment case here.
What it earns
Long-term letting returns about 7.2% gross on the purchase price, 17th of 69 markets by gross yield. Measured against local earnings, the price-to-income ratio is 8.3 — that is how many years of an average local income one average home costs, and it says more about who can buy here than any price figure does.
How this figure is built
The price figure for Italy comes from the source we judge most reliable for this market. It was last refreshed on 2026-07-23. We rate our confidence in this market’s data high: the underlying series is official and current. We recompute every market the same way; a figure that fails our checks is suppressed, not guessed.
Sources: GPG sqm · globalpropertyguide.com · ec.europa.eu · numbeo.com. Snapshot: 2026-07-23.
Latest Italy market analysis
- Italian Home Sales Held Flat in Q2 2026 While Florence Fell 8.3% — 2026-09-13
- Italian Asking Prices Edged Up 0.1% in August to €2,031 per Square Metre — 2026-09-04
- Italy Opens a 700 Million Euro Tender in September to Reclaim Derelict Public Housing — 2026-08-23
- Italian House Price Momentum Halved in Q2 as New Sale Mandates Dried Up — 2026-08-14
- Italian Asking Prices Fell 1.1% in July, the Sharpest Monthly Drop of 2026 — 2026-08-11
- Italy: A Country Overview for International Property Buyers — 2026-07-03
- Buying Costs and Taxes in Italy: What to Budget in 2026 — 2026-07-03
- Italy's Property Market in 2026: Prices, Yields and What's Driving Demand — 2026-07-03
- Buying Property in Italy as a Foreigner: Your Rights and the Path to the Keys — 2026-07-03